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Jan 21, 2020 · The fourth megatrend, international migration, is described as both a “powerful symbol of global inequality”, and “a force for equality under the right conditions”. Migration within countries, notes the report, tends to increase once countries begin to develop and industrialize, and more inhabitants of middle-income countries than low-income countries migrate abroad.
- Inequality
Inequality in its various forms is an issue that will define...
- Inequality
Dec 18, 2023 · 2023 in Nine Charts: A Growing Inequality. If 2022 was a year of uncertainty, 2023 is the year of inequality. For countries hoping to bounce back from the devastating losses of the COVID-19 pandemic, the battle has been made tougher by the compounding threats of climate change, fragility, conflict and violence, or food insecurity, to name a few ...
May 16, 2023 · As within-country inequality has been rising, it now accounts for a much larger part of global inequality (about two-thirds in 2020, up from less than half in 1980). Looking ahead, how within ...
Dec 10, 2021 · On average, an individual from the top 10% will earn $122,100, but an individual from the bottom half will earn just $3,920. And, when it comes to wealth (valuable assets and items over and above income), the gap is even wider. The poorest half of the global population owns just 2% of the global total, while the richest 10% own 76% of all wealth.
- Income inequality between countries has improved. For the most part we have seen income inequality between countries improve in the last 25 years, meaning average incomes in developing countries are increasing at a faster rate.
- Income inequality within countries is getting worse. Income inequality between countries has improved, yet income inequality within countries has become worse.
- The very top. Despite progress in some regions, income and wealth are increasingly concentrated at the top. An Oxfam report shows that in the 10 years since the financial crisis, the number of billionaires has nearly doubled, and the fortunes of the world’s super-rich have reached record levels.
- In your society, who you are, matters. There are also inequalities within communities – and even families. Up to 30 per cent of income inequality is due to inequality within households.
Oct 23, 2019 · Between 2008 and 2013, global inequality fell for the first time since the industrial revolution, according to the latest available data. This historic reversal was largely driven by rising incomes in populous developing countries that helped close the gap with high-income countries. “Our data suggest a modest decline in global inequality for ...
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Aug 16, 2023 · The global average for 2021 was 4.7%, but the rate was much higher in many low- and middle-income countries (LMICs). And that was before Russia’s invasion of Ukraine in February 2022.
